Kimberly-Clark posted fourth-quarter earnings and revenue that exceeded analysts' expectations on Wednesday.
Kimberly-Clark reported $1.3 earnings per share on $4.97 billion in revenue. Investing.com polled analysts, who predicted EPS of $1.24 on revenue of $4.91 billion.
Kimberly-stock Clark's has risen 1% since the start of the year, but it is still down 4.23% from its 52-week high of $145.79 reached on January 10. They are outperforming the S&P 500, which has lost 8.6% since the beginning of the year.
Following the release of the report, Kimberly-stock Clark's dropped 5.46% in pre-market trading.
This month, Kimberly-Clark will be tracking the earnings of other large Consumer Staples companies.
Procter&Gamble posted earnings of $1.66 per share on revenue of $20.95 billion on January 19, beating expectations of $1.65 per share on revenue of $20.33 billion.
On January 20, Estee Lauder missed estimates with EPS of $2.61 on revenue of $5.48 billion, compared to a prediction of $2.64 on revenue of $5.5 billion.